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Photos: Chanel Fall/Winter 2012-2013

A model presents a creation by German designer Karl Lagerfeld for French fashion house Chanel as part of his Haute Couture Fall-Winter 2012/2013 fashion show in Paris July 3, 2012. (REUTERS/Benoit Tessier)

The favourite of the ladies who lunch, Karl Lagerfeld presented a toned down, vintage-inspired collection for Chanel on Tuesday, whose grey and pink palette and classic shapes provided a refined counterpoint to the excesses of Fashion Week.